What to Expect From AT&T’s Next Quarterly Earnings Report

Core Viewpoint - AT&T Inc. is a major telecommunications and technology services company facing challenges with revenue decline and competition, but it has been recognized for its potential upside by analysts [1][5][6]. Financial Performance - Analysts expect AT&T to report a fiscal fourth-quarter profit of $0.47 per share, a decrease of 13% from $0.54 per share in the same quarter last year [2]. - For the current year, the expected EPS is $2.06, down 8.9% from $2.26 in fiscal 2024, but projected to rise 9.2% annually to $2.25 in fiscal 2026 [3]. Stock Performance - AT&T shares have increased by 7.4% over the past year, underperforming compared to the S&P 500 Index's 14.8% gains and the Communication Services Select Sector SPDR ETF's 19.1% increase [4]. - The company has experienced a five-year revenue decline averaging 5.6% annually, contributing to concerns about its growth and business quality [5]. Analyst Ratings - JPMorgan Chase & Co. has named AT&T as the only telecommunications stock on its 2026 list of 47 Top Picks, assigning it an "Overweight" rating with a price target of $33, indicating a potential upside of approximately 35% [6]. - The stock offers a forward dividend yield of about 4.5%, appealing to income-focused investors despite recent volatility [6].